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China. A huge and changing market

2016-04-12
CIFF event Bagliori e Sapori 2016

Sara Colautti, director of CSIL Industry Studies, presented an overview of China's furniture market at CIFF, China International Furniture Fair, event called ‘Bagliori e Sapori’, organized in cooperation with Edimotion, during Salone del Mobile.Milano 2016.

 

     Sara Colautti, CSIL

Sara Colautti, CSIL Industry StudiesAccording to latest data presented in her speech, in recent years China has been facing  a transformation process that is still ongoing.

 

Since 2009 China has been the largest market on a global level, holding one third of the world consumption of furniture, and this growth is estimated to continue in the coming years, even if at a moderate rate.

 

The growth of household disposable income, together with the increasing urbanization and a still positive growth rate of residential construction resulted in a sustained furniture consumption in China.

 

 

The increase of the domestic market represents a growth engine  for both the  local production and  the furniture imports.

 


 

For more details on CSIL research work regarding the Chinese furniture market, pContact uslease contact us 

 

 

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